Hang Seng listed Aust lithium miner (Galaxy) - Mini Flash Crash

One of the smaller darlings of the Australian mining (rare earths/lithium) 'small cap' stocks. Ambitious in it's business model and 'selling' a lot of it's status as a lithium miner to Asia, specifically to China. Galaxy (GXY) soon to be listed on the HK (Hang Seng) stock exchange, but when China's Shanghai composite had a meltdown on the 16th November 2010, closing very close to a -4% wipe-out, it sent reverberated sell signals thought out the Hang Seng exchange (which appears to be very dominated by HFT orientated trades).

Hence causing a mini 'flash crash' on Galaxy's stock price on the Australian stock exchange (ASX)



Compared with the Hang Seng Index (in which Galaxy is listed on)